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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: ernie de la fuente who wrote (18100)11/27/1999 11:16:00 PM
From: don denson  Read Replies (2) | Respond to of 19331
 
Ernie,

I don't care about these personal profiles in courage, stupidity, or whatever at this point (actually, I only get into huff and puff stuff when the other side goes too far with the big lie crap). Grown up people don't blame anybody but themselves in stockmarket investing (especially with the BB's- if you don't know it coming in, you'll learn it on the way out!).

The kicker with dctc was that the SEC swooped down right when the SEC raids on the micros began in earnest! Now, how was any of us to know what was really behind this? I've still got one nice holding- of a company still embedded in the pinks- just for paper work requirements! There's many floundering, trying to please the good uncle!

And, of course, we were aware of the lawsuit allegations, the underhanded dealing by the shorters up north- I came to most of that stuff late, but the overhang was there!

All in all, you can kick yourself or kick others forever about the fact that reality could not be pinned down until the die was cast. I don't see the sense in that- not after six months! Some venting, you gotta just let it happen, and weather on. But six months are behind us, it's obvious what has happened and there has been sufficient time for the losers, us losers, to vent and be done with it.

Whether the Murphy's experienced bad luck, bad decision making, engaged in "stretching the rules", or some combination of all of it- seems to be moot at this point. Being that dctc is a public company, these guys will have to either sell the assets of this ongoing concern, or turn the reigns of whatever is left, over to new management. They cannot survive another year in control.

I think the stock is dead money until these things occur. Frankly, a sale, given what seems to be the facts known to date would not yield much to interest us. But, we don't know the results of the evaluation- now there's something we need to know to guide us before the end of the year.

If the new management elects to press on, we'll be holding these shares for a good while in 2000. Who wants to concentrate on personal spewing and name calling while we wait for developments?

It looks like our chances to come back to life again are slim, as long as this company is in business- you have the decision to wait out the future, or get your tax situation in order. Literally nothing else makes much sense to me.

dd



To: ernie de la fuente who wrote (18100)11/28/1999 6:29:00 PM
From: valuehunter  Read Replies (2) | Respond to of 19331
 
Ernie -- An abridged history of the DCI thread.
From the first day I posted, only positive posts were allowed, unless the poster was willing to face derision. The most outrageously flamboyant forecasts/projections were
encouraged & then even increased by other over exited posters. Ludicrous predictions prevailed. Any "temporary"
price problems prior to the SEC suspension were blamed on
insidious factors (i.e. Canadian shorters). This resulted
in the true "leading of the lambs to slaughter" - the cert
call. I'm positive the SEC didn't look kindly on a CEO who
gave his blessing to such an event, even to the extent that
his own participation was posted. Meanwhile, any dissenting
posts continued to bring derision and attacks on the poster.
Somewhere in here, KKM enters the scene as an unwitting
mouthpiece for the inept mgt, relaying their impossibly
optimistic projections. Then, the suspension hits & the
positive group STILL believes it is a temporary "pooling"
issue & no one has the "right" to question mgt. Yes, we
were "picked on" again by an insidious outsider, the SEC.
Time passes, the dust clears, the latest quarterly filing
comes out & it is clear why the big name accountants quit.
Income is meager, the IXC master contract is written off
(as I posted it should be many weeks ago), losses mount, &
it is clear we have a shell left. Anyone who didn't seize
the final opportunity to sell @ around a buck has only themselves to blame.
Besides "imbecile Ernie", there is a poster here who went
through the same torture with CCEE - he was darn near the
last to realize he'd been had & defended the company well
after it made no sense to do so.
Now there are maybe a dozen hardcore posters left who still
bristle at any post not to their liking. An extremely sad
state of affairs by the biggest losers in this sordid tale.
I still own 100 shares & intend to post whenever I like whether the remaining "investors" like it or not. Just think, if it goes to $100/share, like the type of projection
so welcomed & supported on this board in the past - my
meager holding will be worth $10K.......................V

P.S. __ Maybe the biggest clue to the unraveling was when
so many posts occurred reminding everyone that the Murphy
family had the most to lose in the matter. I'll always
remember that kind of statement as a immediate red flag.